God's original Social Security system, the kinsman redeemer, is a biblical concept that has been implemented in modern times through the Social Security system. Understanding how to maximize Social Security benefits, including spouse and widow benefits, is crucial for a secure retirement. Certified Financial Planner Hans Scheil and his team at CardinalGuide.com provide expert advice on navigating the complexities of Social Security and creating a personalized retirement plan.

A certified financial planner explains how inheriting property can result in a 'step up in basis,' reducing capital gains tax, and how this can be strategically used in estate planning to save taxes and benefit heirs.

When nearing retirement, individuals often face challenges in managing their IRA or 401k funds. Certified financial planner Hans Scheil discusses the advantages of using a Roth IRA versus cash value life insurance to freeze taxes on retirement funds and provide tax-free inheritance for beneficiaries. He explains how these financial tools can be used to diversify investments, provide long-term care benefits, and offer flexibility in accessing funds during retirement.

Managing Medicare Supplement plans can save you money, especially if you've had the same plan for three or four years. Certified financial planner Hans Scheil explains how to shop for the best rates and coverage, including the differences between Plan G, Plan N, and the high deductible Plan G. He also discusses the importance of reviewing your plan every three to four years to ensure you're not overpaying for your coverage.

Understanding the different types of retirement savings accounts, including taxable, tax-deferred, and tax-free options, can help individuals optimize their financial planning and minimize taxes in retirement. Certified financial planner Hans Scheil explains how to use a combination of these accounts to create a tax-free retirement income stream.